EssilorLuxottica
EL.PA
#168
Rank
$79.88 B
Marketcap
$179.40
Share price
0.32%
Change (1 day)
10.18%
Change (1 year)

P/E ratio for EssilorLuxottica (EL.PA)

P/E ratio at the end of 2021: 54.0

According to EssilorLuxottica's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 47.515. At the end of 2021 the company had a P/E ratio of 54.0.

P/E ratio history for EssilorLuxottica from 2001 to 2021

PE ratio at the end of each year

Year P/E ratio Change
202154.0-90.98%
20205991035.47%
201952.7109.25%
201825.2-11.79%
201728.6-2.23%
201629.2-9.65%
201532.376.01%
201418.4-14.33%
201321.5-5.36%
201222.720.99%
201118.72.49%
201018.310.77%
200916.516.34%
200814.2-21.11%
200718.0-13.69%
200620.8-6.27%
200522.211.05%
200420.011.78%
200317.9-17.91%
200221.8-8.26%
200123.8

How to read a P/E ratio?

The Price/Earnings ratio measures the relationship between a company's stock price and its earnings per share. A low but positive P/E ratio stands for a company that is generating high earnings compared to its current valuation and might be undervalued. A company with a high negative (near 0) P/E ratio stands for a company that is generating heavy losses compared to its current valuation.

Companies with a P/E ratio over 30 or a negative one are generaly seen as "growth stocks" meaning that investors typically expect the company to grow or to become profitable in the future.
Companies with a positive P/E ratio bellow 10 are generally seen as "value stocks" meaning that the company is already very profitable and unlikely to strong growth in the future.